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Copper Futures Is 3% Down In The Last 5 Sessions

ViaNews Editorial Team

September 6, 2024

Copper Futures Is 3% Down In The Last 5 Sessions
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(VIANEWS) - Copper (HG) has been up by 3.07% for the last 5 sessions. At 11:50 EST on Friday, 6 September, Copper (HG) is $4.09.

Volume

Today's last reported volume for Copper is 42956, 99.99% below its average volume of 8994183218.84.

Volatility

Copper's last week, last month's, and last quarter's current intraday variation average was 0.05%, 0.25%, and 0.82%, respectively.

Copper's highest amplitude of average volatility was 0.41% (last week), 0.68% (last month), and 0.82% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Copper's commodity is considered to be oversold (<=20).

Previous days news about Copper (HG)

  • Why the market dipped but southern copper (scco) gained today. According to Zacks on Wednesday, 4 September, "On that day, Southern Copper is projected to report earnings of $1.06 per share, which would represent year-over-year growth of 34.18%. ", "From a valuation perspective, Southern Copper is currently exchanging hands at a Forward P/E ratio of 22.41. "

More news about Copper (HG).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.